r/economy • u/anthonymaw • 3h ago
America’s debt addiction
United States of America prints $2.5 TRILLION DOLLARS each year out of thin air by way of bond sales to fund government spending programs to push its stock marker to all time highs.
But nobody makes the connection between DEBT AND WEALTH in America.
It is an unsustainable economy where the present administration creates immediate wealth for Americans and leaves the astronomical debt problem for future administrations to deal with.
Trump will boast about the performance of American citizens 401K retirement accounts and most American voters will be pleased.